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    Macroeconomics Study Set 43
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    Exam 4: B: Market Failures: Public Goods and Externalities
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    The Following Table Presents the Demand Schedule for Product Z
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The Following Table Presents the Demand Schedule for Product Z

Question 44

Question 44

Multiple Choice

The following table presents the demand schedule for product Z: The following table presents the demand schedule for product Z:   Assuming that the price of Z at equilibrium is $12, what is the total consumer surplus? A) $12 B) $11 C) $8 D) $20 Assuming that the price of Z at equilibrium is $12, what is the total consumer surplus?


A) $12
B) $11
C) $8
D) $20

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